Twitter Ups Periscope as Tech Titans Bet on Live Streaming

New York Times: Twitter has introduced Periscope, a live-streaming video app, one among a surge of such apps with names like Meerkat and Camio that are taking the social media world by storm. The premise is simple: Capture video of yourself doing anything from exploring a new city to playing with your dog, all using nothing more than your smartphone camera. The apps notify others that you are streaming live video of yourself, and you can share it with your friends and followers. Companies like Twitter and eager venture capitalists are spending millions of dollars on what they bet will be the next big thing to catch on with consumers.